The Alkyd Resins market in Croatia experienced fluctuations over the past decade, with values peaking in 2014 at 4.0578 million euros and declining to 3.4684 million euros by 2023. The year-on-year variation indicates volatility, with significant declines observed in 2016 and 2022. Notably, the last two years saw a decrease, though less pronounced in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stood at -1.5%, reflecting a downward trend. In 2023, the market size was 3.4684 million euros.
Looking ahead, future trends to watch include potential impacts of regulatory changes, shifts towards environmentally-friendly alternatives, and advancements in resin technologies that may influence market dynamics and growth opportunities.
How does Croatia rank in Alkyd Resins Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 259,240,000 | 2023 | +0.87% | +0.77% | View data |
| 2 | 2 Spain | 156,380,000 | 2023 | +6.93% | +3.77% | View data |
| 3 | 3 United Kingdom | 83,885,000 | 2023 | +1.35% | -0.31% | View data |
| 4 | 4 Poland | 46,697,000 | 2023 | -0.18% | -0.68% | View data |
| 5 | 5 Italy | 30,727,000 | 2023 | -13.17% | -11.09% | View data |
| 8 | 8 Sweden | 14,791,000 | 2023 | -3.19% | -3.15% | View data |
| 9 | 9 Denmark | 8,727,200 | 2023 | -3.62% | -3% | View data |
| 10 | 10 Croatia | 3,468,400 | 2023 | -0.86% | -1.5% | |
